Met-Ed and Penelec Default Service Program January ... - FirstEnergy

Supply Payments Vary by Auctionand ClassFixed Auction• Seasonal supplier payments: Finalauction price for a given product times aCompany-specific seasonal factor• Commercial Class is 90% Fixed at thefinal auction price. 10% varies based onthe real-time PJM hourly energy price atthe Company zone plus a fixed adder of$9.00/MWh• Residential Class is 100% Fixed for 12-and 24-month products and for 5-monthproducts is 95% Fixed at the finalauction price and 5% varies based onthe real-time PJM hourly energy price atthe Company zone plus a fixed adder of$9.00/MWhHourly AuctionSupplier receives:• the final auction price paid onenergy volumes• the real-time PJM hourly price forenergy at the Company zone• a fixed $2.00/MWh adder(estimated ancillary service rate)Rates for customers determined on the same basisMet-Ed and Penelec Default Service Program33